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Subject:  Re: Tips and Tricks? Date:  5/22/2002  1:30 PM
Author:  justpatrick Number:  67141 of 807263

Tip #1: Read this board. All the tips that you will need have already been posted to this board. :)

Tip #2: How to find those tips without reading 67137+ posts: Read the FAQ, Sort the board by number of recs (click on recs and it will sort that way for you). Not all the highly rec'd posts are about RE, but that will at least give you a good idea of what some other people do. If you have a specific question, don't be afraid to look for it. If you can't find it, then post your question.

Tip #3: It matters not what you make, but it does matter what percentage of your income you are able to save. In other words, you said you make a decent income and don't have major debts. The higher your savings rate, the sooner you can retire. This works two ways. One is that by reducing the amount of money you need to live on you are reducing the amount of money that you need to retire. The other is that by reducing the amount of money you need to live on, you are increasing the amount of money you can save. I'd call this playing good defense.

Tip #4: There are many roads to retirement. Stocks, real estate, lotteries, etc. Until you figure out what is right for you, stick to the simple paths. For example, low cost index funds